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☆ Energy stocks are hot again. The rally could have more fuel to burn
▼ + stars: | 2024-04-12 | by ( Krystal Hur | ) edition.cnn.com time to read: +6 min

These robust gains come after a lackluster year for energy stocks. The energy sector fell roughly 5% in 2023, underperforming the broader S&P 500’s double-digit gains as concerns about the global economy hurt energy demand. Some investors say that energy stocks are poised for more gains, given the continued geopolitical turmoil and the US economy’s resilience. Energy stocks often do well when the economy is strong, since there’s more energy demand to fuel goods- and services production. Plug Power shares have slipped 34% this year, SolarEdge Technologies shares have tumbled 25% and Enphase Energy shares have slid 8%.

Persons: Nancy Curtin, “, ”, Bob Doll, he’s, Donald Trump, Trump, Matt Egan, ” Alex Durante, Read, Alicia Wallace, Price Organizations: CNN Business, Bell, New York CNN — Energy, Marathon Petroleum, Exxon Mobil, Occidental Petroleum, Halliburton, West Texas, Brent, Federal Reserve, Energy, RBC Capital Markets, Crossmark Global Investments, Organization of, Petroleum, Clean Energy, SolarEdge Technologies, Enphase Energy, Tax Foundation, CNN, Trump, of Labor Statistics, PPI Locations: New York, Ukraine, OPEC, China, Mexico

☆ Economic crosscurrents creating questions around earnings season, says Crossmark's Bob Doll
▼ + stars: | 2024-04-12 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailEconomic crosscurrents creating questions around earnings season, says Crossmark's Bob DollBob Doll, Crossmark Global Investments CEO and CIO, joins 'Squawk on the Street' to discuss what the week's commodity performance tells Doll, if there's a challenging period ahead for equity markets, and more.

Persons: Bob Doll Bob Doll Organizations: Global

☆ Wall Street heads into the week ahead on edge as traders brace for a raft of earnings, economic data
▼ + stars: | 2024-04-12 | by ( Sarah Min | ) www.cnbc.com time to read: +7 min

How the corporate America is handling sticky inflation and the prospect of higher interest rates will be top of mind for investors in the week ahead, after this week's choppy moves. The first-quarter earnings season, which kicked off Friday, will give Wall Street insight into how businesses expect to weather an environment of elevated interest rates. More macro data, such as U.S. retail sales, will give insight into how the consumer is handling higher pricing pressures. First-quarter earnings season underway The corporate earnings season kicks into high gear in the week ahead. This week, the small cap Russell 2000 is on track for a losing week, down by more than 1%.

Persons: Bob Doll, CNBC's, Wolfe, Rob Ginsberg, Ginsberg, Goldman Sachs, Morgan Stanley, FactSet, Robert Haworth, Haworth, Charles Schwab, Johnson, D.R, KeyCorp Organizations: Dow Jones Industrial, Exxon Mobil, Costco, Apple, Crossmark, Investments, Investors, Bank of America, Consumer, U.S . Bank, Index, Retail, T Bank, Housing, Manufacturing, Hunt Transport Services, United Airlines, Johnson, Bank of New York Mellon, UnitedHealth Group, Northern Trust, CSX, Discover Financial Services, Prologis, U.S . Bancorp, Philadelphia Fed, American Express, Procter, Gamble, Fifth Third Bancorp, Schlumberger Locations: America, China, NAHB, Vegas Sands, U.S, Horton

☆ Watch CNBC's full interview with the 'Closing Bell' market watchers
▼ + stars: | 2024-03-27 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with the 'Closing Bell' market watchersVictoria Fernandez, chief market strategist at Crossmark Global Investments, Chris Harvey, head of equity research at Wells Fargo, and Dan Greenhaus, Solus Alternative Asset Management chief strategist, join 'Closing Bell' to discuss if an equity pullback is healthy, how investors should position in today's market, and more.

Persons: Victoria Fernandez, Chris Harvey, Dan Greenhaus Organizations: Crossmark Global Investments, Asset Management Locations: Wells Fargo

☆ This has been a momentum-driven bull market, says Victoria Fernandez
▼ + stars: | 2024-03-14 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThis has been a momentum-driven bull market, says Victoria FernandezVictoria Fernandez, Chief Market Strategist at Crossmark Global Investments, discusses the market action this week and the trading day ahead.

Persons: Victoria Fernandez Victoria Fernandez Organizations: Crossmark Global Investments

☆ Recession will still happen as Covid savings have run out, says Crossmark's Bob Doll
▼ + stars: | 2024-03-11 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailRecession will still happen as Covid savings have run out, says Crossmark's Bob DollBob Doll, Crossmark Global Investments CIO, joins 'Squawk on the Street' to discuss why valuations aren't more of a concern, Doll's guidance on a recession, and more.

Persons: Bob Doll Bob Doll Organizations: Global Investments

☆ 'Stocks can get whacked': A 44-year market veteran warned the S&P 500 could fall 28% as earnings and rate cuts disappoint — but these 6 investments will thrive anyway
▼ + stars: | 2024-02-07 | by ( James Faris | ) www.businessinsider.com time to read: +7 min

Strong earnings, or rate cuts? Instead of worrying about weak earnings growth and persistently high interest rates, investors are now counting on the opposite. Markets should cut their expectations by half and prepare for mid-single-digit profit growth and three to four rate cuts, Doll said. At that point, a flurry of rate cuts from the Fed wouldn't be enough to save stocks, the Crossmark CIO said. However, there are two mega-cap growth stocks that Doll is enamored with: Meta Platforms ( META ) and Microsoft ( MSFT ).

Persons: —, Bob Doll, Doll, who's, . Doll, they're, I'm Organizations: Service, Global Investments, Business, Federal Reserve, BlackRock, Consumer, Microsoft, IBM Locations: Nuveen, What's

☆ Stock futures are little changed after S&P 500 and Dow slide from record highs: Live updates
▼ + stars: | 2024-02-05 | by ( Hakyung Kim | ) www.cnbc.com time to read: +2 min

S&P 500 futures also inched down 0.1%, while Nasdaq 100 futures slipped just 0.03%. During Monday's main trading session, the S&P 500 lost 0.32%, pulling back from its record high from last week that was powered by megacap tech stocks. "There's a lot of momentum, but I'm worried about [the S&P 500 at] 20 times earnings, and that the Fed's not going to live up to [rate] cut expectations. And I don't see how we get double-digit earnings growth," Doll said on CNBC's "Closing Bell: Overtime" on Monday. On the economic front Tuesday, Wall Street will be keeping an eye out for the New York Fed's household debt and credit report for the fourth quarter.

Persons: Dow, Jerome Powell, Bob Doll, Doll, — I'm, Loretta Mester, Susan Collins, Eli Lilly, Amgen Organizations: New York Stock Exchange, Federal Reserve, Dow Jones, Nasdaq, Palantir Technologies, NXP, Crossmark, Investments, New, Cleveland Fed, Boston Fed, Boeing, Spirit, DuPont, Grill, Ford Locations: New York

☆ This may be the worst quarter of 2024, says Virtus Investment's Joe Terranova
▼ + stars: | 2024-01-18 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThis may be the worst quarter of 2024, says Virtus Investment's Joe TerranovaDan Greenhaus, Solus Alternative Asset Management chief strategist, Joe Terranova, senior managing director at Virtus Investment Partners, and Victoria Fernandez, chief market strategist at Crossmark Global Investments, join 'Closing Bell' to discuss how they're navigating the sideways markets in 2024.

Persons: Virtus, Joe Terranova Dan Greenhaus, Joe Terranova, Victoria Fernandez Organizations: Asset Management, Virtus Investment Partners, Crossmark Global Investments

☆ How to make your money work for you over the next decade
▼ + stars: | 2023-11-28 | by ( James Faris | William Edwards | ) www.businessinsider.com time to read: +16 min

"If there is a regime shift, then what has worked could be quite different from what does work," McLennan said. That means the growth stocks that dominated for years may come back to earth in the mid-2020s. He also recommends that investors diversify away from growth stocks that thrived under low rates and instead broaden out to value-oriented names. Valuations explain 80% of a stock's returns over a decade, according to Bank of America. Smead sees energy in stocks in Canada also outperforming in the coming decade, as well as European banks.

Persons: —, Peter Bates, Rowe Price, Damanick Dantes, We're, Dantes, you've, He's, Matt McLennan, McLennan, Kimball Brooker, Morningstar, Nicola Stafford, Stafford, it's, Molina, Bates, Russell, Cole Smead, that's, Phillip Colmar, Colmar, Bob Doll, Doll, Smead, Michael Sheldon, Sheldon, who's, there's, Chris Chen, Chen, Roth Organizations: Service, Business, Global, International, McLennan, First Eagle Global Fund, Eagle Investments, Goldman, Asset Management, Stock, Molina Healthcare, Vanguard Value, Healthcare, Bank of America, Comerica Wealth Management, MRB Partners, Canadian, Crossmark Global Investments, BlackRock, Energy, P Bank ETF, RDM Financial, Social Security, Social, Insight Financial, Trust, IRA Locations: Canada, Colmar, United States, Canadian, Europe, Treasuries

The week starts off with a bevy of unpleasant surprises for the markets and the economy but with maybe a hope of good news on the inflation front. “The decline in oil prices will feature prominently in explaining October's CPI and PPI reports. Core CPI likely slowed in October as well, with lower prices of new and used cars, lower airfares, and lower shelter costs all leaning the same way. PPI inflation likely moderated in October, too, with diesel prices following crude oil prices lower, albeit not by as much as gasoline. Powell’s comments were not anything new, but the timing seemed to suggest he was dampening down enthusiasm in the markets.

Persons: Moody’s, Mike Johnson, ”, Bob Doll, Republican Sen, Tim Scott of, David Cameron, Rishi Sunak, Stocks, Bill Adams, Waran Bhahirethan, ” Adams, Jerome Powell spooked, ” Powell, Oliver Rust, Sam Bullard, ” Bullard Organizations: U.S, AAA, Louisiana Republican, GOP, Senate, Crossmark Global Investments, Republican, Tim Scott of South Carolina, Conservative, Analysts, Comerica Bank, PPI, CPI, Federal Reserve, International Monetary Fund, Central Bank, “, Wells Locations: U.S, Louisiana, Tim Scott of South, London, Iraq, Syria, Gaza City, September’s, Israel, Washington

☆ Watch CNBC's full interview with T. Rowe Price's Sebastien Page and Crossmark's Victoria Fernandez
▼ + stars: | 2023-11-08 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with T. Rowe Price's Sebastien Page and Crossmark's Victoria FernandezSebastien Page, T. Rowe Price CIO and head of global multi-asset, and Victoria Fernandez, Crossmark Global Investments chief market strategist, join 'Closing Bell' to discuss what led Page to change his belief towards equity markets, the strategist's thoughts towards equity markets, and much more.

Persons: Rowe Price's Sebastien Page, Victoria Fernandez Sebastien Page, Rowe Price, Victoria Fernandez Organizations: Crossmark Global Investments

A street sign for Wall Street is seen in the financial district in New York, U.S., November 8, 2021. "Obviously with yields moving higher, you expect the equity market to pull back a little bit. Better-than-expected economic data, inflation not coming down as anticipated and weak demand at auctions contributed to higher yields," said Victoria Fernandez, chief market strategist at Crossmark Global Investments. Eight of the 11 S&P 500 sub-sectors were in the red, with consumer discretionary (.SPLRCD), energy (.SPNY) and information technology (.SPLRCT) leading declines amongst the major S&P 500 sectors. Third-quarter earnings for the S&P 500 companies are expected to increase 1.1% year-on-year, compared with a 1.6% rise estimated on Thursday, as per LSEG data.

Persons: Brendan McDermid, Jerome Powell, Powell, Victoria Fernandez, Raphael Bostic, Patrick Harker, CME's, Shubham Batra, Shashwat Chauhan, Arun Koyyur, Vinay Dwivedi Organizations: Wall, REUTERS, Dow, Nasdaq, Treasury, Federal, Christian, Economic, of New, Crossmark Global Investments, Atlanta Fed, CNBC, Philadelphia Fed, Traders, Regions, American, Dow Jones, Coinbase Global, Marathon, NYSE, Thomson Locations: New York, U.S, Israel, Gaza, of New York, Bengaluru

☆ Small-cap stocks will 'lead the way' as economy re-accelerates, says Richard Bernstein
▼ + stars: | 2023-10-16 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSmall-cap stocks will 'lead the way' as economy re-accelerates, says Richard BernsteinBob Doll, Crossmark Global Investments, and Richard Bernstein, Richard Bernstein Advisors, join 'Closing Bell: Overtime' to discuss today's stock gains, what this signals for the market, and more.

Persons: Richard Bernstein Bob Doll, Richard Bernstein Organizations: Investments, Richard Bernstein Advisors

☆ The probability of a financial accident has 'certainly' gone up, says Crossmark's Bob Doll
▼ + stars: | 2023-10-04 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe probability of a financial accident has 'certainly' gone up, says Crossmark's Bob DollBob Doll, Crossmark Global Investments CIO, joins 'Squawk on the Street' to discuss whether yields have separated from anything regarding inflation, whether Doll is paying attention to market parallels to 1987, and how this resolves itself.

Persons: Bob Doll Bob Doll, Doll Organizations: Global Investments

☆ The market is coming to terms with higher rates, says Crossmark's Victoria Fernandez
▼ + stars: | 2023-10-04 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe market is coming to terms with higher rates, says Crossmark's Victoria FernandezCharlie Bobrinskoy, Ariel Investments vice chairman, and Victoria Fernandez, Crossmark Global Investments chief market strategist, join 'Closing Bell Overtime' to talk the day's market action.

Persons: Victoria Fernandez Charlie Bobrinskoy, Ariel, Victoria Fernandez Organizations: Crossmark Global Investments

☆ I don't think we've seen the high in yields yet, says Crossmark's Bob Doll
▼ + stars: | 2023-09-11 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailI don't think we've seen the high in yields yet, says Crossmark's Bob DollKeith Lerner, Truist Chief Market Strategist and Bob Doll, Crossmark Global Investments CIO, join 'Closing Bell Overtime' to talk the day's market action and Oracle quarterly results.

Persons: Bob Doll Keith Lerner, Bob Doll Organizations: Truist, Global Investments CIO

☆ Fernandez: Conflicting economic data is what's driving the markets
▼ + stars: | 2023-09-07 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFernandez: Conflicting economic data is what's driving the marketsVictoria Fernandez, Chief Market Strategist at Crossmark Global Investments, discusses inflation, the markets, and where she's putting money to work.

Persons: Fernandez, Victoria Fernandez Organizations: Victoria, Crossmark Global Investments

☆ Wall Street is declaring victory too early — the US is still headed for a recession
▼ + stars: | 2023-08-22 | by ( William Edwards | ) www.businessinsider.com time to read: +11 min

In theory, these higher interest rates push down demand and slow inflation by forcing companies to cut prices to attract stretched-thin customers. And Americans have been spending right through the higher interest rates: Personal consumption expenditures and retail sales numbers have continued to forge upward. But eventually, this attitude will wane as people realize that the higher rates aren't a flash in the pan. The Treasury yield curve measures the different interest rates that are paid out on various bonds issued by the US government. It's the same story every time, both Kantrowitz and Rosenberg say: Investors are bad at pricing in a recession before it unfolds.

Persons: Michael Kantrowitz, Piper Sandler, Milton Friedman, Bob Doll, Doll, David Rosenberg, Rosenberg, Tom Essaye, Essaye, Granger, Kantrowitz, Jerome Powell, William Edwards Organizations: Philadelphia Fed, Bank of America, JPMorgan, Consumer, Crossmark Global Investments, BlackRock, Silicon Valley Bank, Rosenberg Research, Fed, Auto, Wall, CPI, Institute for Supply Management's, Treasury, Royal Bank of Canada Locations: Silicon, YOLO

☆ Stabilization in bond market yields required for sustained equity bounce: Crossmark's Fernandez
▼ + stars: | 2023-08-22 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailStabilization in bond market yields required for sustained equity bounce: Crossmark's FernandezVictoria Fernandez, Crossmark Global Investments chief investment strategist, joins 'Squawk on the Street' to discuss where the strategists expects to see stabilization in the bond market, if the rate cut conversation will be on the table Friday, and sectors Fernandez favors.

Persons: Crossmark's Fernandez Victoria Fernandez, Fernandez Organizations: Crossmark Global Investments

☆ A former BlackRock stock chief shares 3 indicators that tell him it's too early to abandon his recession call despite the economy's strength — and warns the stock market's rally is doomed for a revers
▼ + stars: | 2023-08-12 | by ( William Edwards | ) www.businessinsider.com time to read: +6 min

The inverted yield curve and The Conference Board's LEI are two indicators that inform his view. Instead, investors should be paying attention to indicators like the Treasury yield curve, The Conference Board's Leading Economic Index, and money growth. Here's the yield curve. And the start of a recession typically comes a bunch of of months after the yield curve inverts. The yield curve didn't invert until less than a year ago.

Persons: Bob Doll, LEI, Doll, Wall, — Bank of America's Michael Gapen, Michael Feroli —, we're, Louis, It's, Rosenberg Research's David Rosenberg, Piper Sandler's Michael Kantrowitz, Greg Boutle, Tom Lee Organizations: Federal Reserve, — Bank of America's, Crossmark Global Investments, BlackRock, Conference, Federal Reserve Bank of St, Fed, Louis Investors, Deutsche Bank, Bloomberg, BNP, Institute for Supply, Institute for Supply Management, of Labor Statistics Locations: Wells

☆ Crossmark's Bob Doll: Valuations are stretched
▼ + stars: | 2023-08-09 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCrossmark's Bob Doll: Valuations are stretchedBob Doll, Crossmark Global Investments CIO, joins 'Squawk on the Street' to discuss why the market performance year-to-date hasn't created more of a chasing environment, when the market weakness will show itself, and more.

Persons: Bob Doll, hasn't Organizations: Global Investments

☆ Fernandez: Markets are performing atypically, so you can't always rely on history as a guide
▼ + stars: | 2023-08-01 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFernandez: Markets are performing atypically, so you can't always rely on history as a guideVictoria Fernandez, Chief Market Strategist at Crossmark Global Investments, discusses the new trading month and where she's putting money to work.

Persons: Victoria Fernandez Organizations: Fernandez, Crossmark Global Investments

☆ Latest jobs data shows the Fed is going to have to stay high for longer, says BD8's Barbara Doran
▼ + stars: | 2023-07-07 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailLatest jobs data shows the Fed is going to have to stay high for longer, says BD8's Barbara DoranBarbara Doran, BD8 Capital Partners CIO, and Bob Doll, Crossmark Global Investments CIO, joins 'Closing Bell Overtime' to discuss the day's market action, the U.S. jobs report, and more.

Persons: Barbara Doran Barbara Doran, Bob Doll Organizations: BD8 Capital, Global Investments Locations: U.S

☆ Mega cap's resilient profit margins helped stocks recoup 2022 losses, says NFJ's John Mowrey
▼ + stars: | 2023-07-05 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMega cap's resilient profit margins helped stocks recoup 2022 losses, says NFJ's John MowreyVictoria Fernandez, Crossmark Global Investments chief market strategist, John Mowrey, NFJ Investment Group CIO, and Adam Parker, Trivariate Research, join 'Closing Bell' to discuss the best risk to reward equation in the markets, the investors' current positioning, and more.

Persons: NFJ's John Mowrey Victoria Fernandez, John Mowrey, Adam Parker Organizations: Crossmark Global Investments, NFJ Investment, Research

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